Has the Housing Bubble Burst?

Making Margin Podcast
Episode 39 - Has the Housing Bubble Burst?

 

Welcome to the Making Margin podcast! Greenway’s team is here to discuss common financial mistakes and to help you navigate them. 

Meet the voices behind this episode of Making Margin:

• Nick
• Jeff
• Allie
• Natalie 
• Drew

Today we’re talking about the housing market. Mortgage rates for 30-year fixed loans hit roughly 6% in June, up from a little over 3% a year ago, according to Bankrate data. Now there are early signs that some places have excess inventory. How should would-be homebuyers react?

Discussion Topics:

• How would we expect interest rates to impact the housing market overall?
• What should first time homebuyers do?

Resources:

https://www.marketwatch.com/picks/im-the-director-of-forecasting-for-the-national-association-of-realtors-here-are-6-things-you-should-know-about-the-housing-market-now-01656706585

https://fred.stlouisfed.org/series/MORTGAGE30US